Aerospace and defense industry

Spacecraft VSS Unity fires its engine during the Unity 25 spaceflight, May 25, 2023.Virgin GalacticVirgin Galactic aims to launch its commercial space tourism service in late June.Shares of the company spiked more than 30% in extended…

The first class suite on Qantas' ultra-long-range A350-1000.Courtesy: QantasLong flights are making a comeback.It is one of the clearest signs yet that airlines are betting that the rebound of international travel, devastated in the Covid…

A pilot holds the thrust controls of a United Airlines Boeing 787 aircraft at Newark Liberty International Airport in Newark, New Jersey, March 9, 2023.Ed Jones | AFP | Getty ImagesA House panel voted Wednesday to raise the mandatory…

Boeing 787 Dreamliners are built at the aviation company's North Charleston, South Carolina, assembly plant on May 30, 2023. Juliette Michel | AFP | Getty ImagesBoeing handed over 50 airplanes to customers last month, up from 35 in April,…

The company test fires one of its Ripley rocket engines in Colorado.Ursa MajorA pair of Colorado space companies laid off employees this past week, seeking to adapt to the new normal of a tight funding environment.The layoffs came at Ursa…

The price to ship goods by air jumped to a record just before Christmas 2021, driven by strong e-commerce demand, port congestion and a chokehold on capacity from airlines' limited pandemic schedules.Those trends also drove a boom in a…

A satellite image captured on June 6, 2023 by a SkySat shows the breached Kakhovka dam in Ukraine.PlanetShares of Planet fell after the satellite-imagery and data-analysis company cut its annual revenue guidance after it reported…

People walk in Central Park as smoke from wildfires in Canada cause hazy conditions in New York City on June 7, 2023. Timothy A. Clary | AFP | Getty ImagesSmoke from Canada wildfires could disrupt flights in the Eastern U.S. again Thursday…

The Artemis 1 mission Space Launch System (SLS) rocketFrank Michaux / NASAWilson Aerospace, a small family-run tools company based in Colorado, is suing Boeing for a wide range of claims concerning allegedly stolen intellectual property…

An employee works on the tail of a Boeing Co. Dreamliner 787 plane on the production line at the company's final assembly facility in North Charleston, South Carolina.Travis Dove | Bloomberg | Getty ImagesBoeing on Tuesday warned about a…